Rising house prices encourage a rush of home owners to list their properties for sale in autumn

Home-owners are rushing to sell their properties this autumn, encouraged by the rising market around the country and recent sales for eye-popping prices.

But the spate of new listings has barely affected the fierce buyer demand, according to industry stalwarts.

Most capital cities have recorded an increase in listings over the four weeks to May 2, from the previous four weeks, Domain data shows, with Canberra recording the biggest rise of 64.3 per cent.

The majority of that was led by unit listings, which exploded by 132.2 per cent in that time, whereas house listings rose by 35 per cent in the same period.

It comes as Canberra recorded the biggest quarterly jump in median capital-city house prices, rising 9.7 per cent to $927,577 – an all-time high.

The ACT was not alone, as more sellers in almost every corner of Australia have come to market in recent weeks because of record-breaking prices in almost every capital city in the first quarter of this year, according to Domain senior research analyst Nicola Powell.

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